This market research report presents a comprehensive segmentation of the global enterprise manufacturing intelligence (EMI) market by end-users (process and discrete industries). It outlines the market shares for key regions such as the Americas, APAC, and EMEA. The key vendors analyzed in this report are ABB, Aegis, Oracle, Parsec Automation, and SAP.
Technavio has released its new market research report, global EMI market, which is expected to grow at a CAGR of more than 11% between 2016 and 2020. Growing need to raise productivity in manufacturing processes is the primary growth driver for this market. The Americas dominate the global market for EMI, accounting for 42% of the overall market share. However, APAC is expected to be the fastest-growing region during the forecast period, owing to the growing preference for EMI by manufacturers for managing complex processes and products efficiently.
“The growth of big data analytics is expected to boost the market growth during the forecast period. The integration of big data analytics with the EMI software helps an enterprise to identify, analyze, and mitigate various issues and faults in the manufacturing unit. It boosts productivity in real time and enables effective and efficient data sharing between business units within an enterprise or a production plant to facilitate product development or service management,” says Bharath Kanniappan, Industrial Automation, Technavio Research.
Discrete industries are the major end-users of EMI, accounting for 60% of the overall market revenue. Price pressures have compelled the discrete manufacturing sectors to innovate continuously and reduce scrap and rework, improve asset utilization, and deliver top quality products to end-users. EMI software provides visual dashboards and offers operators and managers the ability to monitor their production processes in real-time.
The key players in the global EMI market include ABB, Aegis, Oracle, Parsec Automation, and SAP. The need to boost production processes through efficient data sharing, analysis, and monitoring of production units and enterprise units has sparked high demand for EMI software. This has resulted in market consolidation with large international vendors getting into M&A. The intense competition among the existing large international vendors and new vendors has spurred the development of new and updated EMI software. Vendors in this market generate most of their revenue through indirect sales channels.
A more detailed analysis is available in the Technavio report, Global Enterprise Manufacturing Intelligence Market 2016-2020.
We can customize this reports by other regions and specific segments upon request.
Other related reports:
- Global MES Market 2015-2019
- MES Market in EMEA- Industry Analysis 2015-2019
- MES Market in North America 2015-2019
- Manufacturing Execution Systems (MES) Market in APAC 2015-2019
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